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China's Financial Industry Firms Redo Plans, Funding In Wake Of More Oversight

PYMNTS

With regulators cracking down in China, FinTech leaders are scrambling for capital and trying to plan their futures, Bloomberg reported Wednesday (Nov. And those lending in multiple provinces would have to have 5 billion yuan in registered capital at a minimum. The report said Alibaba has used such practices, among other companies.

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23 VC-Backed Brick & Mortar Startups Changing The Face Of Main Street

CB Insights

As internet retailers are expanding their operations into brick-and-mortar operations (think Warby Parker, Argent, Bonobos, and BaubleBar ), venture capitalists are also investing in “physical-first” startups focused on creating new brick-and-mortar business models. CafĂ© X Technologies. sweetgreen.

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Banking's Total Return Top 5: 2013 Edition

Jeff For Banks

capital appreciation and dividends. Texas Capital Bancshares, Inc. versus 68.5%, respectively) and its operating expenses as a percent of average assets compared to peer banks (1.66% versus 3.09%, respectively).So, So, as a branchless bank, BofI has leveraged its significantly lower operating expenses into profit.

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Transportation-As-A-Service: The Future Of Smart Commuting

CB Insights

The following is a guest post by Paul Asel, managing partner at NGP capital. We dive into the state of AVs and other mobility technologies converging to reinvent both urban and long-distance transportation. Sources: NGP Capital analysis based on Moovit, AllTransit, Inrix, Nexar, city government data. Source: AllTransit.

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GonzoBanker Awards 2017

Gonzobanker

The Get Outta Dodge (and Focus) Award – Goes to Capital One for exiting a significant mortgage business to focus on cards and direct banking. These ventures show credit unions are not standing still when it comes to technological disruption, and we hope much is learned from these early risk-taking efforts. THE TECHNOLOGY AWARDS.

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Guest Post: Third Quarter Economic Update by Dorothy Jaworski

Jeff For Banks

Liquidity is becoming a problem for these banks, and with their stocks battered daily, they have no ready sources of capital. Ben Bernanke was quoted as saying that Operation Twist is the equivalent of a 50 basis point cut in the Fed Funds rate. He had a profound influence on so much of the technology that we use in our daily lives.

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AI Will Put 10 Million Jobs At High Risk — More Than Were Eliminated By The Great Recession

CB Insights

And the next phase of technological evolution is already underway: advanced neural networks that learn, adapt, and respond to situations. Early-stage food-preparation startups using robotics and AI are proliferating, and operating in both B2B and B2C models. 10 million US jobs at high risk of disruption. in funding.